Release Details

Halliburton Announces Fourth Quarter 2017 Results

Reported loss from continuing operations of $0.92 per diluted share,
reflecting charges related to U.S. tax reform and Venezuela receivables

Adjusted income from continuing operations of $0.53 per diluted share

HOUSTON--(BUSINESS WIRE)--Jan. 22, 2018--
Halliburton Company (NYSE:HAL) announced today a loss from continuing
operations of $805 million, or $0.92 per diluted share, for the fourth
quarter of 2017. Adjusted income from continuing operations for the
fourth quarter of 2017, excluding charges related to United States tax
reform and Venezuela receivables, was $462 million, or $0.53 per diluted
share. This compares to income from continuing operations for the third
quarter of 2017 of $365 million, or $0.42 per diluted share.
Halliburton's total revenue in the fourth quarter of 2017 was $5.9
billion, a 9% increase from revenue of $5.4 billion in the third quarter
of 2017. Reported operating income was $379 million during the fourth
quarter of 2017, compared to operating income of $634 million in the
third quarter of 2017. Excluding special items, adjusted operating
income for the fourth quarter of 2017 was $764 million.

Total revenue for the full year of 2017 was $20.6 billion, an increase
of $4.7 billion, or 30%, from 2016. Reported operating income for 2017
was $1.4 billion, compared to a reported operating loss of $6.8 billion
for 2016. Excluding special items, adjusted operating income for 2017
was $2.0 billion, a three-fold improvement from adjusted operating
income of $690 million for 2016.

“Outstanding execution resulted in an excellent fourth quarter and we
are well positioned to take advantage of opportunities presented by a
growing North America market and improving international outlook. I
continue to believe we are on the path to normalized margins in North
America in 2018,” remarked Jeff Miller, President and CEO.

“2017 was a dynamic year for the oil and gas sector that marked another
step on the road to recovery for our industry. I am pleased with the way
our team executed on our value proposition, maintained strong service
quality, and generated superior results and industry leading returns.

“Our Drilling and Evaluation division delivered an impressive
performance over the second half of 2017, achieving nearly 50%
incrementals in the fourth quarter. These results demonstrate the
strength and diversity of our portfolio.

“Our Completion and Production division revenue grew 8% sequentially,
outperforming the change in average United States land rig count. The
North America completions market is tight, and demand for our
completions equipment and our service quality remains strong.

“I am optimistic about what I see in 2018. Commodity prices are
supportive of increasing activity in North America and I am encouraged
by the increase in tender activity and the positive discussions we are
having with our international customers,” concluded Miller.

Operating Segments

Completion and Production

Completion and Production revenue in the fourth quarter of 2017 was $3.8
billion, an increase of $267 million, or 8%, from the third quarter of
2017, while operating income was $552 million, a sequential increase of
$27 million, or 5%. In the United States land sector, higher pressure
pumping activity and pricing led to increased revenue while higher costs
and seasonality hindered profitability. Additionally, results improved
due to year-end completion tool sales in the Gulf of Mexico, higher
software sales in Latin America and increased stimulation activity in
the Eastern Hemisphere.

Drilling and Evaluation

Drilling and Evaluation revenue in the fourth quarter of 2017 was $2.1
billion, an increase of $229 million, or 12%, from the third quarter of
2017, while operating income was $291 million, an increase of $111
million, or 62%. These increases were primarily due to increased
drilling activity in the Middle East and North America and higher
software sales and services in Latin America.

Corporate and Other Events

On December 22, 2017, the Tax Cuts and Jobs Act of 2017 was signed into
law, effective January 1, 2018. Halliburton recorded an aggregate $882
million of non-cash discrete tax charges in the fourth quarter of 2017,
primarily as a result of preliminary tax provisions for the net impact
of this tax law. Halliburton is continuing its analysis of tax reform
impact on the company, and this provisional amount is subject to change.

Regarding Venezuela, Halliburton continues to experience delays in
collecting payments on receivables from our primary customer. These
delayed payments, combined with recent credit rating downgrades and
deteriorating market condition in Venezuela, required Halliburton to
record an aggregate charge of $385 million during the fourth quarter
under GAAP. This charge represents a fair market value adjustment on its
existing promissory note and a full reserve against other accounts
receivables with this customer. Halliburton actively manages its
strategic relationship with this customer and will continue to
vigorously pursue collections as it does business going forward.

Geographic Regions

North America

North America revenue in the fourth quarter of 2017 was $3.4 billion, a
7% increase sequentially. This improvement was driven primarily by
increased utilization and pricing throughout the United States land
sector in the majority of Halliburton’s product service lines, primarily
pressure pumping, as well as higher drilling activity and completion
tool sales in the Gulf of Mexico.

International

International revenue in the fourth quarter of 2017 was $2.5 billion, an
11% increase sequentially, resulting primarily from increased activity
across multiple product services lines in Latin America, and increases
in drilling and stimulation activity in the Eastern Hemisphere.

Latin America revenue in the fourth quarter of 2017 was $615 million, a
16% increase sequentially, driven by increased drilling activity and
higher software sales in Brazil, higher software sales in Mexico and
increased stimulation activity in Argentina. These results were
partially offset by reduced drilling activity in Venezuela.

Europe/Africa/CIS revenue in the fourth quarter of 2017 was $776
million, a 7% increase sequentially, primarily due to higher drilling
activity in the North Sea, coupled with increased activity in Algeria
and Egypt. These results were partially offset by a reduction in
completion tool sales in Nigeria.

Middle East/Asia revenue in the fourth quarter of 2017 was $1.1 billion,
a 12% increase sequentially, primarily resulting from increased drilling
and stimulation activity in the Middle East and year-end sales in China.

Selective Technology & Highlights

Halliburton announced the release of Geometrix™ 4D Shaped Cutters, a
line of four distinct geometric profiles to help improve cutting
efficiency and increase control to reduce drilling costs. Halliburton
now offers the largest portfolio of shaped cutters in the oil and gas
industry.

Sperry Drilling announced the release of JetPulse™ high-speed
telemetry service, which provides consistent, high-data rate
transmission of drilling and formation evaluation measurements. This
new telemetry system helps operators make faster decisions to optimize
well placement and improve well control while increasing drilling
efficiency. It provides the highest lost circulation material (LCM)
tolerance of any high-speed telemetry system, helping the operator
pump the required LCM concentration to cure mud losses without
changing or plugging the bottom hole assembly. The system also reduced
flat time in the drilling curve, maximizes rate of penetration and
optimizes reservoir contact by combining new telemetry technology with
measurement/logging-while-drilling (M/LWD) services.

In October 2017, Halliburton announced the release of Marine Sentry™
3000, a rotating control device that provides a pressure control
solution by creating a seal around the drill string and tool joints
for safer containment of fluids during conventional or controlled
pressure drilling operations. The device is mounted on a rig’s surface
blowout preventer and monitors key functions to help reduce cost and
environmental impact while improving overall well safety in pressure
critical locations.

Halliburton announced the release of BaraShale™ Lite Fluid System, a
high performance water-based fluid designed to maintain full salt
saturation with reduced density, help prevent lost circulation and
minimize waste disposal costs. Operators in formations containing salt
layers and low fracture pressure face major challenges while drilling.
BaraShale Lite fluid helps operators overcome these challenges using a
proprietary additive that tightly combines the base fluid, which
consists of brine to prevent salt washout, and oil to lighten the mud
weight. Operators can mix the fluid quickly on-site instead of in
large batches and reuse fluids for maximizing their operational
efficiency. It also helps ensure proper zonal isolation to increase
completion efficiency and prevent the loss of cement in the formation.

Halliburton announced the release of the Electromagnetic Pipe Xaminer®
V (EPX™ V) service – the industry’s first technology allowing
operators to pinpoint casing defects and metal corrosion in up to five
tubular strings within the well. This innovative new service utilizes
proprietary sensor technologies and customized processing algorithms
to accurately identify potential well integrity issues and reduce the
likelihood of production disruptions for operators. The EPX V
complements Halliburton’s growing portfolio of corrosion inspection
tools and other industry-leading well integrity diagnostic services,
including the Acoustic Conformation Xaminer® (ACX™) service, which
accurately identifies the location of wellbore leaks.

In November 2017, Halliburton announced that it worked with the Akwa
Ibom state government to inaugurate and open Nigeria's first oil and
gas training center fully-equipped with oilfield operations tools. The
Akwa Ibom Oil and Gas Training and Research Center will provide
courses in field development, drilling and completions engineering,
well intervention solutions and digital technologies to local energy
employees and students. Halliburton Landmark will provide the training
curriculum, instructors, software, workstations and tools to be used
in the classroom.

About Halliburton

Founded in 1919, Halliburton is one of the world's largest providers of
products and services to the energy industry. With over 50,000
employees, representing 140 nationalities in approximately 70 countries,
the company helps its customers maximize value throughout the lifecycle
of the reservoir – from locating hydrocarbons and managing geological
data, to drilling and formation evaluation, well construction and
completion, and optimizing production throughout the life of the asset.
Visit the company’s website at www.halliburton.com.
Connect with Halliburton on Facebook,
Twitter,
LinkedIn,
and YouTube.

NOTE: The statements in this press release that are not historical
statements, including statements regarding future financial performance,
are forward-looking statements within the meaning of the federal
securities laws. These statements are subject to numerous risks and
uncertainties, many of which are beyond the company's control, which
could cause actual results to differ materially from the results
expressed or implied by the statements. These risks and uncertainties
include, but are not limited to: the continuation or suspension of our
stock repurchase program, the amount, the timing and the trading prices
of Halliburton common stock, and the availability and alternative uses
of cash; changes in the demand for or price of oil and/or natural gas;
potential catastrophic events related to our operations, and related
indemnification and insurance matters; protection of intellectual
property rights and against cyber-attacks; compliance with environmental
laws; changes in government regulations and regulatory requirements,
particularly those related to offshore oil and natural gas exploration,
radioactive sources, explosives, chemicals, hydraulic fracturing
services, and climate-related initiatives; the impact of federal tax
reform, compliance with laws related to income taxes and assumptions
regarding the generation of future taxable income; risks of
international operations, including risks relating to unsettled
political conditions, war, the effects of terrorism, foreign exchange
rates and controls, international trade and regulatory controls and
sanctions, and doing business with national oil companies;
weather-related issues, including the effects of hurricanes and tropical
storms; changes in capital spending by customers; delays or failures by
customers to make payments owed to us; execution of long-term,
fixed-price contracts; structural changes in the oil and natural gas
industry; maintaining a highly skilled workforce; availability and cost
of raw materials; agreement with respect to and completion of potential
acquisitions and integration and success of acquired businesses and
operations of joint ventures. Halliburton's Form 10-K for the year ended
December 31, 2016, Form 10-Q for the quarter ended September 30, 2017,
recent Current Reports on Form 8-K, and other Securities and Exchange
Commission filings discuss some of the important risk factors identified
that may affect Halliburton's business, results of operations, and
financial condition. Halliburton undertakes no obligation to revise or
update publicly any forward-looking statements for any reason.

HALLIBURTON COMPANY

Condensed Consolidated Statements of Operations

(Millions of dollars and shares except per share data)

(Unaudited)

Three Months Ended

December 31

September 30

2017

2016

2017

Revenue:

Completion and Production

$

3,804

$

2,268

$

3,537

Drilling and Evaluation

2,136

1,753

1,907

Total revenue

$

5,940

$

4,021

$

5,444

Operating income:

Completion and Production

$

552

$

85

$

525

Drilling and Evaluation

291

248

180

Corporate and other (a)

(79

)

(111

)

(71

)

Impairments and other charges (b)

(385

)

(169

)

—

Total operating income

379

53

634

Interest expense, net

(115

)

(137

)

(115

)

Other, net

(20

)

(91

)

(23

)

Income (loss) from continuing operations before income taxes

244

(175

)

496

Income tax (provision) benefit (c)

(1,050

)

22

(135

)

Income (loss) from continuing operations

(806

)

(153

)

361

Loss from discontinued operations, net

(19

)

—

—

Net income (loss)

$

(825

)

$

(153

)

$

361

Net loss attributable to noncontrolling interest

1

4

4

Net income (loss) attributable to company

$

(824

)

$

(149

)

$

365

Amounts attributable to company shareholders:

Income (loss) from continuing operations

$

(805

)

$

(149

)

$

365

Loss from discontinued operations, net

(19

)

—

—

Net income (loss) attributable to company

$

(824

)

$

(149

)

$

365

Basic income (loss) per share attributable to company
shareholders:

Income (loss) from continuing operations

$

(0.92

)

$

(0.17

)

$

0.42

Loss from discontinued operations, net

(0.02

)

—

—

Net income (loss) per share

$

(0.94

)

$

(0.17

)

$

0.42

Diluted income (loss) per share attributable to company
shareholders:

Income (loss) from continuing operations

$

(0.92

)

$

(0.17

)

$

0.42

Loss from discontinued operations, net

(0.02

)

—

—

Net income (loss) per share

$

(0.94

)

$

(0.17

)

$

0.42

Basic weighted average common shares outstanding

873

865

872

Diluted weighted average common shares outstanding

873

865

873

(a) Includes a $54 million charge related to a class action
lawsuit settlement during the three months ended December 31, 2016.

(b) During the three months ended December 31, 2017, Halliburton
recognized an aggregate charge of $385 million, representing a fair
market value adjustment on its existing promissory note with its
primary customer in Venezuela and a full reserve against other
accounts receivables with this customer.

(c) Includes an aggregate $882 million of non-cash discrete tax
charges during the three months ended December 31, 2017, primarily
related to tax reform as well as other discrete tax items.

See Footnote Table 1 for Reconciliation of As Reported Operating
Income (loss) to Adjusted Operating Income.

See Footnote Table 2 for Reconciliation of As Reported Loss from
Continuing Operations to Adjusted Income (loss) from Continuing
Operations.

HALLIBURTON COMPANY

Condensed Consolidated Statements of Operations

(Millions of dollars and shares except per share data)

(Unaudited)

Year Ended December 31

2017

2016

Revenue:

Completion and Production

$

13,077

$

8,882

Drilling and Evaluation

7,543

7,005

Total revenue

$

20,620

$

15,887

Operating income (loss):

Completion and Production

$

1,621

$

107

Drilling and Evaluation

718

794

Corporate and other

(330

)

(265

)

Impairments and other charges (a)

(647

)

(3,357

)

Merger-related costs and termination fee (b)

—

(4,057

)

Total operating income (loss)

1,362

(6,778

)

Interest expense, net (c)

(593

)

(639

)

Other, net

(87

)

(208

)

Income (loss) from continuing operations before income taxes

682

(7,625

)

Income tax (provision) benefit (d)

(1,131

)

1,858

Loss from continuing operations

(449

)

(5,767

)

Loss from discontinued operations, net

(19

)

(2

)

Net loss

$

(468

)

$

(5,769

)

Net loss attributable to noncontrolling interest

5

6

Net loss attributable to company

$

(463

)

$

(5,763

)

Amounts attributable to company shareholders:

Loss from continuing operations

$

(444

)

$

(5,761

)

Loss from discontinued operations, net

(19

)

(2

)

Net loss attributable to company

$

(463

)

$

(5,763

)

Basic loss per share attributable to company shareholders:

Loss from continuing operations

$

(0.51

)

$

(6.69

)

Loss from discontinued operations, net

(0.02

)

—

Net loss per share

$

(0.53

)

$

(6.69

)

Diluted loss per share attributable to company shareholders:

Loss from continuing operations

$

(0.51

)

$

(6.69

)

Loss from discontinued operations, net

(0.02

)

—

Net loss per share

$

(0.53

)

$

(6.69

)

Basic weighted average common shares outstanding

870

861

Diluted weighted average common shares outstanding

870

861

(a) During the year ended December 31, 2017, Halliburton recognized
an aggregate charge of $647 million, representing a fair market
value adjustment on its existing promissory note with its primary
customer in Venezuela and a full reserve against other accounts
receivables with this customer. For further details of impairments
and other charges for the year ended December 31, 2016, see Footnote
Table 1.

(b) During the year ended December 31, 2016, Halliburton recognized
a $3.5 billion merger termination fee and an aggregate $464 million
of charges for the reversal of assets held for sale accounting.

(c) Includes $104 million of costs related to the early
extinguishment of $1.4 billion of senior notes in the year ended
December 31, 2017, as well as $41 million of debt redemption fees
and associated expenses in the year ended December 31, 2016.

(d) Includes an aggregate $882 million of non-cash discrete tax
charges during the year ended December 31, 2017, primarily related
to tax reform as well as other discrete tax items.

See Footnote Table 1 for Reconciliation of As Reported Operating
Income (Loss) to Adjusted Operating Income.

See Footnote Table 2 for Reconciliation of As Reported Loss from
Continuing Operations to Adjusted Income (Loss) from Continuing
Operations.

(a) Working capital includes receivables, inventories and accounts
payable.

(b) Halliburton received $478 million and $430 million in U.S. tax
refunds during the third quarter of 2017 and 2016, respectively,
primarily as a result of the carry back of net operating losses
recognized in previous periods.

(c) Includes a $3.5 billion merger termination fee paid during the
second quarter of 2016.

HALLIBURTON COMPANY

Revenue and Operating Income Comparison

By Operating Segment and Geographic Region

(Millions of dollars)

(Unaudited)

Three Months Ended

December 31

September 30

Revenue

2017

2016

2017

By operating segment:

Completion and Production

$

3,804

$

2,268

$

3,537

Drilling and Evaluation

2,136

1,753

1,907

Total revenue

$

5,940

$

4,021

$

5,444

By geographic region:

North America

$

3,400

$

1,802

$

3,163

Latin America

615

428

530

Europe/Africa/CIS

776

676

722

Middle East/Asia

1,149

1,115

1,029

Total revenue

$

5,940

$

4,021

$

5,444

Operating Income

By operating segment:

Completion and Production

$

552

$

85

$

525

Drilling and Evaluation

291

248

180

Total

843

333

705

Corporate and other

(79

)

(111

)

(71

)

Impairments and other charges

(385

)

(169

)

—

Total operating income

$

379

$

53

$

634

See Footnote Table 1 for Reconciliation of As Reported Operating
Income (loss) to Adjusted Operating Income.

HALLIBURTON COMPANY

Revenue and Operating Income (Loss) Comparison

By Operating Segment and Geographic Region

(Millions of dollars)

(Unaudited)

Year Ended December 31

Revenue

2017

2016

By operating segment:

Completion and Production

$

13,077

$

8,882

Drilling and Evaluation

7,543

7,005

Total revenue

$

20,620

$

15,887

By geographic region:

North America

$

11,564

$

6,770

Latin America

2,116

1,860

Europe/Africa/CIS

2,781

2,993

Middle East/Asia

4,159

4,264

Total revenue

$

20,620

$

15,887

Operating Income (Loss)

By operating segment:

Completion and Production

$

1,621

$

107

Drilling and Evaluation

718

794

Total

2,339

901

Corporate and other

(330

)

(265

)

Impairments and other charges

(647

)

(3,357

)

Merger-related costs and termination fee

—

(4,057

)

Total operating income (loss)

$

1,362

$

(6,778

)

See Footnote Table 1 for Reconciliation of As Reported Operating
Income (loss) to Adjusted Operating Income.

FOOTNOTE TABLE 1

HALLIBURTON COMPANY

Reconciliation of As Reported Operating Income (Loss) to Adjusted
Operating Income

(Millions of dollars)

(Unaudited)

Three Months Ended

Year Ended

December 31,

December 31,

December 31,

December 31,

2017

2016

2017

2016

As reported operating income (loss)

$

379

$

53

$

1,362

$

(6,778

)

Impairments and other charges:

Venezuela receivables adjustment

385

—

647

148

Fixed asset impairments

—

13

—

2,550

Severance costs

—

54

—

315

Inventory write-downs

—

36

—

166

Intangible asset impairments

—

1

—

88

Country closures

—

37

—

39

Other

—

28

—

51

Total Impairments and other charges

385

169

647

3,357

Merger-related costs and termination fee

—

—

—

4,057

Class action lawsuit settlement

—

54

—

54

Adjusted operating income (a)

$

764

$

276

$

2,009

$

690

(a)

Management believes that operating income (loss) adjusted for
impairments and other charges for the three months ended December
31, 2017 and the year ended December 31, 2017, and impairments and
other charges, merger-related costs and termination fee, and a class
action lawsuit settlement for the three months ended December 31,
2016 and the year ended December 31, 2016 is useful to investors to
assess and understand operating performance, especially when
comparing those results with previous and subsequent periods or
forecasting performance for future periods, primarily because
management views the excluded items to be outside of the company's
normal operating results. Management analyzes operating income
(loss) without the impact of these items as an indicator of
performance, to identify underlying trends in the business, and to
establish operational goals. The adjustments remove the effect of
these items. Adjusted operating income is calculated as: “As
reported operating income (loss)” plus "Total Impairments and other
charges", "Merger-related costs and termination fee" and "Class
action lawsuit settlement" for the three months ended December 31,
2017 and December 31, 2016 and the years ended December 31, 2017 and
December 31, 2016.

FOOTNOTE TABLE 2

HALLIBURTON COMPANY

Reconciliation of As Reported Loss from Continuing Operations to

Adjusted Income (Loss) from Continuing Operations

(Millions of dollars and shares except per share data)

(Unaudited)

Three Months Ended

Year Ended

December 31,

December 31,

December 31,

December 31,

2017

2016

2017

2016

As reported loss from continuing operations attributable to company

$

(805

)

$

(149

)

$

(444

)

$

(5,761

)

Adjustments:

Impairments and other charges

385

169

647

3,357

Costs related to early extinguishment of debt

—

—

104

—

Merger-related costs and termination fee

—

—

—

4,057

Debt redemption fee and interest expenses for merger

—

—

—

112

Class action lawsuit settlement

—

54

—

54

Total adjustments, before taxes (a)

385

223

751

7,580

Tax provision (benefit) and discrete tax adjustments (a) (b)

882

(39

)

755

(1,835

)

Total adjustments, net of taxes

$

1,267

$

184

$

1,506

$

5,745

Adjusted income (loss) from continuing operations attributable to
company

$

462

$

35

$

1,062

$

(16

)

As reported diluted weighted average common shares outstanding (c)

873

865

870

861

Adjusted diluted weighted average common shares outstanding (c)

874

868

872

861

As reported loss from continuing operations per diluted share (d)

$

(0.92

)

$

(0.17

)

$

(0.51

)

$

(6.69

)

Adjusted income (loss) from continuing operations per diluted share
(d)

$

0.53

$

0.04

$

1.22

$

(0.02

)

(a)

Management believes that income (loss) from continuing operations
adjusted for impairments and other charges, merger-related costs and
termination fee, a debt redemption fee and interest expenses for
merger, a class action lawsuit settlement and discrete tax
adjustments is useful to investors to assess and understand
operating performance, especially when comparing those results with
previous and subsequent periods or forecasting performance for
future periods, primarily because management views the excluded
items to be outside of the company's normal operating results.
Management analyzes income from continuing operations without the
impact of these items as an indicator of performance, to identify
underlying trends in the business and to establish operational
goals. The adjustment removes the effect of these items. Adjusted
income (loss) from continuing operations attributable to company is
calculated as: “As reported loss from continuing operations
attributable to company” plus "Total adjustments, net of taxes" for
the three months ended December 31, 2017 and December 31, 2016 and
the years ended December 31, 2017 and December 31, 2016.

(b)

Represents the tax effects of the aggregate adjustments during the
period. Additionally, during the fourth quarter of 2017, Halliburton
recognized an aggregate $882 million of non-cash discrete tax
charges, primarily as a result of its preliminary evaluation of the
tax reform's impact on its company, along with other discrete tax
items. Also, during second quarter of 2016, Halliburton recognized
$486 million of discrete tax adjustments primarily relating its
decision that it may not permanently reinvest its foreign earnings,
as well as the inability to utilize certain tax deductions resulting
from the carryback of net operating losses to prior tax periods.

(c)

As reported diluted weighted average common shares outstanding for
the three months ended December 31, 2017 and December 31, 2016 and
year ended December 31, 2017 excludes options to purchase one
million, three million, and two million shares of common stock,
respectively, as their impact would be antidilutive because
Halliburton's reported income from continuing operations
attributable to company was in a loss position during the period.
When adjusting income from continuing operations attributable to
company in the period for the adjustments discussed above, these
shares become dilutive.

(d)

As reported loss from continuing operations per diluted share is
calculated as: "As reported loss from continuing operations
attributable to company" divided by "As reported diluted weighted
average common shares outstanding." Adjusted income (loss) from
continuing operations per diluted share is calculated as: "Adjusted
income (loss) from continuing operations attributable to company"
divided by "Adjusted diluted weighted average common shares
outstanding."

HALLIBURTON COMPANY

Conference Call Details

Halliburton will host a conference call on Monday, January 22, 2018, to
discuss the fourth quarter 2017 financial results. The call will begin
at 8:00 AM Central Time (9:00 AM Eastern Time).

Please visit the website to listen to the call live via webcast.
Interested parties may also participate in the call by dialing (888)
393-0263 within North America or (973) 453-2259 outside North America. A
passcode is not required. Attendees should log in to the webcast or dial
in approximately 15 minutes prior to the call’s start time.

A replay of the conference call will be available on Halliburton’s
website for seven days following the call. Also, a replay may be
accessed by telephone at (855) 859-2056 within North America or (404)
537-3406 outside of North America, using the passcode 4669668.